(Redwood City, CA) July 16, 2013 - Perfect World Entertainment Inc. and Cryptic Studios are pleased to announce that the widely-acclaimed free action MMORPG Neverwinter, set in the Dungeons & Dragons® Forgotten Realms® universe from Wizards of the Coast, is launching its first content expansion, Fury of the Feywild, on August 22, 2013. This free Module allows players to explore the enchanted woods of Sharandar, play as Sun and Moon Elves, collect new weapons and items, earn new rewards, encounter new creatures, and much more.

"We're excited to announce the release date of our first free expansion - what we and D&D fans call a Module - for Neverwinter." said Cryptic Studios CEO, Jack Emmert. "Come August 22, we're releasing our first expansion. That's less than two months from launch; pretty cool. New and exciting content is at the heart of making and expanding a persistent world. Our goal is to deliver engaging and constant updates to our players so that they always have something new to discover in game. Fury of the Feywild is the first of many Modules to come in Neverwinter."

Fury of the Feywild, the first Module for Neverwinter, is a free content expansion that chronicles an attempt by Fomorian Giants to seize the Elven outpost of Sharandar. More details about Fury of the Feywild can be found on the official website: http://nw.perfectworld.com/module1

"This new content for Neverwinter continues to support our goal of creating fantastic digital D&D experiences,” said Nathan Stewart, Brand Director for D&D at Wizards of the Coast. “Neverwinter is one of D&D's most iconic settings, and Fury of the Feywild is a fantastic addition to keep this exciting story going.”

Perfect World Entertainment Inc. is also pleased to unveil first details for the Neverwinter Knight of the Feywild Pack and Feywild Starter Pack. Starting today, Neverwinter fans can get their hands on two new packs that will help them on their quests throughout Sharandar.

The two versions of the Feywild Pack available for purchase are:

Knight of the Feywild Pack
The Knight of the Feywild Pack costs $59.99 USD (valued at $149.99) and supplies adventurers with virtual goods to aid them in their quest for glory:

To take advantage of these pack offers, players may visit: http://nw.perfectworld.com/feywildpack/

Neverwinter is a free action MMORPG that features fast-paced action combat with epic dungeons. Players explore the vast city of Neverwinter and surrounding countryside, learning the vivid history of the iconic city and battling its many enemies. In Neverwinter, players can also create their own quests and campaigns with the Foundry, a user-generated content tool. Foundry quests and stories can then be seamlessly integrated into the live game world.

For more information about Neverwinter, and to begin playing now for free, please visit the official website: http://www.PlayNeverwinter.com

###

ABOUT PERFECT WORLD ENTERTAINMENT INC.
Perfect World Entertainment is a leading North American online games publisher specializing in immersive free-to-play MMORPGs. Founded in 2008, Perfect World Entertainment has published a number of popular titles, including Blacklight Retribution, Forsaken World, Perfect World International and Star Trek Online. The company works closely with its American development teams and partners such as Cryptic Studios, developer of the highly acclaimed MMORPG Dungeons & Dragons Neverwinter, and Runic Games, developer of the hit Torchlight series, to provide unparalleled quality of service and game experiences to its players. A subsidiary of Perfect World Co., Ltd. (NASDAQ: PWRD), Perfect World Entertainment is headquartered in Silicon Valley, California. For more information, please visit: www.perfectworld.com

ABOUT CRYPTIC STUDIOS, INC.
Cryptic Studios, Inc. is a leading developer of online games committed to delivering the next level of gameplay. Cryptic Studios, Inc. develops AAA titles for PC and is rapidly diversifying its portfolio of games to expand beyond the traditional MMORPG genre. Its successfully launched titles include "Champions Online: Free for All," "Star Trek Online" and "Dungeons & Dragons: Neverwinter." Cryptic Studios, Inc., a subsidiary of Perfect World Co., Ltd. (NASDAQ: PWRD), is located in Los Gatos, CA.

ABOUT WIZARDS OF THE COAST
Wizards of the Coast LLC, a subsidiary of Hasbro, Inc. (NASDAQ:HAS), is the leader in entertaining the lifestyle gamer. Wizards' players and fans are members of a global community bound together by their love of both digital gaming and in-person play. The company brings to market a range of gaming experiences under powerful brand names such as MAGIC: THE GATHERING, DUNGEONS & DRAGONS, and KAIJUDO. Wizards is also a publisher of fantasy series fiction with numerous New York Times best-sellers. For more information about our world renowned brands, visit the Wizards of the Coast Web site at www.wizards.com.

Dungeons & Dragons, Neverwinter, their respective logos, Forgotten Realms, Fury of the Feywild, Magic: The Gathering, and all character names are trademarks of Wizards of the Coast LLC in the U.S.A. and other countries. All rights reserved. Kaijudo is a trademark of Wizards of the Coast/Shogakukan/Mitsui-Kids.